Europe Research Roundup: B&M, Colruyt, Sanofi

Biomerieux SA

05/09/2023 08:22

Sept 5 (Reuters) - Securities analysts revised their ratings and price targets on several European
companies, including B&M, Colruyt and Sanofi on Tuesday. 
    
    HIGHLIGHTS
                 * B&M  BMEB.L : JP Morgan cuts to underweight from overweight 
 
                 * Colruyt NV  COLR.BR : JP Morgan raises to overweight from underweight 
 
                 * Fresenius SE  FREG.DE : HSBC cuts to hold from buy         
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : JP Morgan cuts to underweight from overweight 
 
                 * Sanofi  SASY.PA : Berenberg raises to buy from hold         
 
      
Following is a summary of research actions on European companies reported by Reuters on Tuesday. Stock entries are
in alphabetical order. 
    
                 * Alcon  ALCC.S : HSBC raises target price to CHF 92 from CHF 90 
 
                 * Argenx SE  ARGX.BR : JP Morgan raises target price to EUR 560 from EUR 500 
 
                 * B&M  BMEB.L : JP Morgan cuts target price to 513p from 577p
 
                 * B&M  BMEB.L : JP Morgan cuts to underweight from overweight 
 
                 * Biomerieux SA  BIOX.PA : Berenberg raises target price to EUR 99.6 from EUR 94.5 
 
                 * Carl Zeiss Meditec AG  AFXG.DE : HSBC cuts target price to EUR 119 from EUR 130 
 
                 * Carrefour  CARR.PA : JP Morgan cuts target price to EUR 19 from EUR 21 
 
                 * CMC Markets Plc  CMCX.L : Peel Hunt resumes coverage with add rating; target price 140p 
 
                 * Colruyt NV  COLR.BR : JP Morgan raises target price to EUR 39.8 from EUR 21.1 
 
                 * Colruyt NV  COLR.BR : JP Morgan raises to overweight from underweight 
 
                 * DCC  DCC.L : Berenberg cuts target price to 6,520p from 7,250p 
 
                 * Fresenius Medical Care  FMEG.DE : HSBC raises target price to EUR 38 from EUR 33 
 
                 * Fresenius SE  FREG.DE : HSBC cuts to hold from buy 
 
                 * Grafton Group  GFTU_u.L : Peel Hunt raises target price to 1,050p from 1,040p 
 
                 * Grifols  GRLS.MC : JP Morgan raises target price to EUR 13 from EUR 12 
 
                 * Grifols  GRLSbn.MC : JP Morgan raises target price to EUR 9 from EUR 8.5 
 
                 * Hargreaves Lansdown  HRGV.L : JP Morgan cuts target price to 702p from 774p 
 
                 * Jeronimo Martins SA  JMT.LS : JP Morgan cuts target price to EUR 20.8 from EUR 23.7 
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : JP Morgan cuts target to EUR 28.17 from EUR 32.09 
 
                 * Koninklijke Ahold Delhaize NV  AD.AS : JP Morgan cuts to underweight from overweight 
 
                 * Roche Holding AG  ROG.S : Berenberg cuts target price to CHF 290 from CHF 320 
 
                 * Roche Holding AG  ROG.S : Berenberg cuts to hold from buy 
 
                 * Sainsbury  SBRY.L : JP Morgan raises target price to 238p from 209p 
 
                 * Sanofi  SASY.PA : Berenberg raises target price to EUR 115 from EUR 107 
 
                 * Sanofi  SASY.PA : Berenberg raises to buy from hold 
 
                 * Siemens Healthineers AG  SHLG.DE : HSBC cuts target price to EUR 56 from EUR 57 
 
                 * Siemens Healthineers AG  SHLG.DE : HSBC raises to buy from hold 
 
                 * Tesco  TSCO.L : JP Morgan cuts target price to 250p from 270p 
 
                 * Tesco  TSCO.L : JP Morgan cuts to neutral from overweight 
 
 
 (Compiled by Bengaluru Newsroom)
 ((Diaries@thomsonreuters.com))